BPCL SBI Card OCTANE: Get some amazing benefits on fuel purchase and many more, check details
The BPCL SBI Card Octane gives some amazing benefits including incentives on fuel purchase, grocery and department store items, dining and movies. K Padmakar, CMD, BPCL and Shri Dinesh Kumar Khara, Chairman SBI, jointly launched the premium BPCL SBI Card OCTANE (Image Source: Twitter/@BPCLimited)
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Updated: Dec 16, 2020, 09:36 PM IST
The State Bank of India on Tuesday launched the BPCL SBI Card Octane. This in association with Bharat Petroleum Corporation Ltd (BPCL), offers maximum savings to consumers who spend a significant amount on fuel.
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Indian Shares Close At Record High On Financial, IT Sector Boost
The blue-chip Nifty 50 index ended up 0.85% at 13,682.70 and the benchmark Sensex closed 0.87% higher at 46,666.46. Both indexes have now hit record highs in 17 of 26 sessions.
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Indian shares closed at a record high on Wednesday after ending flat in the previous session, helped by gains in financial, technology stocks and investor optimism over the rollout of COVID-19 vaccines.
The blue-chip Nifty 50 index ended up 0.85% at 13,682.70 and the benchmark Sensex closed 0.87% higher at 46,666.46. Both indexes have now hit record highs in 17 of 26 sessions.
The country s equities have posted six straight weekly gains, boosted by record inflows from foreign institutional investors, progress on COVID-19 vaccines globally and signs of a nascent domestic economic recovery.
Nifty, Sensex creeping higher – Wednesday closing report
Moneylife Digital Team / IANS
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We had mentioned in Tuesday’s closing report that the momentum in Nifty, Sensex was weakening. On Wednesday, the major indices reported gains while Bank Nifty was flat. On the NSE, there were 1,144 advances, 746 declines and 334 unchanged.
The trends of the major indices in the course of Wednesday’s trading are given in the table below:
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Privatization bound Bharat Petroleum Corporation Ltd (BPCL) has said its board will on Thursday consider buying out Oman Oil Company in the Bina refinery project in Madhya Pradesh. BPCL board will also consider merging Bharat Gas Resources Ltd(BGRL) with itself, the company said in a filing to the stock exchanges on Tuesday.
BPCL holds 63.68 percent stake in Bharat Oman Refineries Ltd (BORL), which built and operates a 7.8 million tonne oil refinery at Bina in Madhya Pradesh. The company board will on December 17 consider a proposal for according in-principle approval for acquisition of 36.62 percent of equity shares in BORL from OQ S.A.O.C. (formerly known as Oman Oil Co S.A.O.C.), it said.